Dauphin Island Gathering Partners

Original Volume No. 1

 Contents / Previous / Next / Main Tariff Index

 

 

Effective Date: 12/23/1997, Docket: CP97-300-002, Status: Effective

Original Sheet No. 28 Original Sheet No. 28 : Effective

 

(b) In the event Shipper cannot provide the information

in Subsection 6.3(a) above, Shipper shall, if

applicable, provide that information for its parent

company. Transporter shall not be required to

perform or to continue service under Rate Schedule

FT-2 (MP) on behalf of any Shipper who is or has

become insolvent or who, at Transporter's request,

fails within a reasonable period to demonstrate

credit worthiness; provided, however, such Shipper

may receive service under Rate Schedule FT-2 (MP) if

Shipper prepays for such service or furnishes good

and sufficient security, as determined by

Transporter in its reasonable discretion, in an

amount equal to the cost of performing the service

requested by Shipper for a three month period. For

purposes herein, the insolvency of a Shipper shall

be conclusively demonstrated by the filing by

Shipper or any parent entity thereof (hereinafter

collectively referred to in this Subsection 6.3(b)

as "the Shipper") of a voluntary petition in

bankruptcy or the entry of a decree or order by a

court having jurisdiction in the premises adjudging

the Shipper bankrupt or insolvent, or approving, as

properly filed, a petition seeking reorganization,

arrangement, adjustment or composition of or in

respect of the Shipper under the Federal Bankruptcy

Code or any other applicable federal or state law,

or appointing a receiver, liquidator, assignee,

trustee, sequestrator (or other similar official) of

the Shipper or of any substantial part of its

property, or the ordering of the winding-up or

liquidation of its affairs, with said order or

decree continuing unstayed and in effect for a

period of sixty (60) consecutive days.

 

6.4 Prepayment for Service:

 

(a) Any person requesting firm service under Rate

Schedule FT-2 (MP) must, along with the request,

submit a check made out to Transporter in an amount

equal to the total reservation charge(s) applicable

to the proposed service for the initial one month

period. All such prepayments made to Transporter

are to be sent to Transporter's designated bank at

an address to be furnished by Transporter.

Remittance should reference the Shipper's request ID

number (to be furnished by Transporter).

 

(b) If Transporter determines that firm capacity is

available to satisfy a request, then Transporter

shall notify Shipper in writing of Transporter's

acceptance of Shipper's request for service. A FT-2

(MP) Transportation Service Agreement shall be

executed between Transporter and Shipper. As of the

effective date of the FT-2 (MP) Transportation

Service Agreement, the entire amount of the

prepayment (with interest in the case of requests